It's not my intent to snoop, I've got a lot of money sitting there, I'd be derelect to not keep an eye on it.

I am about to begin the process of acquiring investment properties with the intention of using the BRRRR method.

If you feel they're being too harsh, think about their intent.

Unfortunately you're too stupid to get it and I'm too old to waste any more time arguing with the intentionally misinformed. 

It is what it is.I think herein lies the error in your thinking and, perhaps, on the part of many of your well-intentioned colleagues.

For all intents are purposes, its an office address.  

Hi everyone, I am a very new investor, and purchased my first multi-unit with the intention of updating the inside while I lived there... and later doing a cash out refinance.

In that case, use the the HELOC and savings to start investing.The problem I see with selling, especially with the intent to invest, is that there are not a lot of great deals between current prices, rates, and low inventory.

Best you can get would be 15% down as an investment property or if you can show proper intentions, you could call it a Vacation home which only requires 10% down as long as it is a (SFR - single family).

Things like your available liquidity, your estimated time horizon for project completion, and your intent to turn the property into an income property (either short-term or long-term) could all impact your decision.